{
  "ticker": {
    "uuid": "7db6254f-478f-428b-9188-253a56f5a3d8",
    "symbol": "AZZ",
    "name": "AZZ Incorporated",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 95.325,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 41.251,
    "architecture_energy": 22.87,
    "architecture_maturity": 37.474,
    "architecture_confidence": 89.776,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 39.92,
        "rotation_up": 33.75,
        "upward_expansion": 61.19,
        "deceleration": 86.53,
        "rotation_down": 24.2,
        "downward_expansion": 13.53
      },
      "activity_lines": [
        148.27,
        149.16,
        146.561929,
        142.820143
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 150.92,
    "trend_reference": 137.968114,
    "distance_from_trend": 0.093876,
    "trend_direction": "Improving",
    "fair_value": 92.031033,
    "distance_from_fair_value": 0.639882,
    "fair_value_direction": "Weakening",
    "relative_strength": 8.035711,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.162507,
    "excess_performance": 0.036882,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.093876,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.114343,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.639882,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.134477,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.080357,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.085547,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.162507,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.869874,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1029762,
      "relative_activity": 0.827352,
      "balance": 0.869874,
      "dry_up": 1.13471,
      "accumulation_observations": 5,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.075727,
      "annualized_volatility": 0.305414,
      "from_high_reference": -0.067959,
      "from_low_reference": 0.631191
    },
    "levels": {
      "trend_reference": 137.968114,
      "fair_value_reference": 92.031033,
      "structural_low": 118.258654,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.034841,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.005273,
        "regime_survival": 0.25,
        "best_return": 0.169537,
        "worst_return": -0.027772,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.241771,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.123376,
        "regime_survival": 0.0,
        "best_return": 0.27597,
        "worst_return": -0.094705,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.285052,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.230476,
        "regime_survival": 0.25,
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        "worst_return": 0.096578,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.580257,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.320437,
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        "best_return": 0.86266,
        "worst_return": 0.297853,
        "sufficient": false
      }
    ],
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        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.123389,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.213885,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
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        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.043777,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
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        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.10126,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
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        "tenure": "Established",
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        "active": false
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      {
        "regime": "deceleration",
        "label": "Deceleration",
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        "tenure": "New",
        "return": 0.014821,
        "active": false
      },
      {
        "regime": "rotation_down",
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        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
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        "active": false
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        "regime": "upward_expansion",
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        "regime": "deceleration",
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        "return": 0.118318,
        "active": false
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      {
        "regime": "upward_expansion",
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      },
      {
        "date": "2026-04-24",
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        "date": "2026-07-03",
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      },
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        "date": "2026-07-10",
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      },
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        "date": "2026-07-17",
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        "typical_volume": 1215684.3,
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      },
      {
        "date": "2026-07-24",
        "close": 149.9,
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        "typical_volume": 1234860.1,
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        "fair_value": 90.714227,
        "relative_strength": 12.80452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
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      },
      {
        "date": "2026-07-31",
        "close": 144.72,
        "volume": 1501351,
        "typical_volume": 1255103.75,
        "trend": 136.998192,
        "fair_value": 91.358017,
        "relative_strength": 7.476365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.548099,
        "energy": 19.507519,
        "activity_lines": [
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      },
      {
        "date": "2026-08-07",
        "close": 150.92,
        "volume": 1029762,
        "typical_volume": 1244647.7,
        "trend": 137.968114,
        "fair_value": 92.031033,
        "relative_strength": 8.035711,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.250927,
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        "activity_lines": [
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      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}